PSY 308 Lecture Notes - Lecture 1: Oligopoly, Business Communication, Apa Style
Document Summary
Course description: application of economic theory and methodology to the practice of business management and decision-making. Students will learn how economic tools can be applied to address managerial challenges. Textbook: michael baye & jeff prince, managerial economics and business. Method of instruction: learning is accomplished by linking course concepts to text and drawing from real world situations in an interactive manner. Jan. 28: elasticity & regression analysis; readings; ch. Feb. 11: midterm test 1 (covering first 4 lectures) Feb. 25: production costs; reading: chapter 5, p163-172. April 8: take up student questions & review. The course combines lectures on key concepts, research, current practice, and historical per- spectives with use of text readings. Learning is accomplished by linking course concepts to text and drawing from real world situations in an interactive manner between the instructor and the class and between fellow classmates. Many of the assigned chapter problems will be taken up in each class.